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It's Tea Time (ITT) Q&A
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Q1: What type of strategy is used to trade GBP/USD?
A1: Analysis/execution in the tradition of the great stock operator Jesse Livermore

Q2: How long will trades be held?
A2: An average of 2 to 24 hours

Q3: What separates your strategy from the many others?
A3: Track record and true transparency

Q4: Why only a 40 pip drawdown for 1 lot when other traders state 300 pips or more?
A4: Many traders attempt to compensate for inherently risky trading models or limited analysis with a disproportionate amount of drawdown reserves. No amount of drawdown monies will transform a bad trade into a good one. In a nutshell, we are here to trade -- not gamble.

Q5: Aside from gaining pips, what else can I gain from your signals/strategy?
A5: *Fiscal and analytical discipline in your trading
*Diversification of your trading portfolio
*Compelling observations which can be harnessed in your own strategy
*GBP specific sentiment indicator as part of your own trading regime
*Cyclical benchmark in assessing pip potential week to week
*Automated trading compatible executions via GfSignals Expert Advisor

Q6: Why only one pair?
A6: In some cases, novice and experienced traders overwhelm themselves attempting to track multiple pairs. My hope in focusing on the GBP is to encourage those who join me to slow down and familiarize themselves with one pair and then (and only then) move to the next pair of interest. In addition, subscribers may more easily track my performance on a pair by pip basis (true transparency).

Q7: Are micro or mini lots compatible with your trading strategy?
A7: Absolutely

Q8: Can I use your signals to discern support and resistance levels for my own trading strategy?
A8: Rock solid support and resistance levels are paramount in my GBP strategy. Those of you who regularly daytrade or scalp pips may use my signals to compliment your own intra-day boundaries.

Q9: How many signals per week can I expect from you?
A9: Subscribers should expect roughly 2-4 signals per week. I want to ensure all subscribers receive value for their money whether in their first or 21st week using my signals. This is a commitment I do not take lightly and want to assure all my subscribers a genuine dedication on my part.

Q10: Were you ever a broker or analyst?
A10: Absolutely NOT. I have been a trader since 1997. As a trader, I expect nothing more than to be judged solely on the merits of my trades and profitable outcomes. GFSignals provides unprecedented transparency to its registered subscribers -- something long overdue in the world markets.

Its_Tea_Time - trading system

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2010 +22.7%
Get access to forex trading strategy
function drawChartD() { var data = new google.visualization.DataTable(); data.addColumn('date', 'Date'); data.addColumn('number', '$'); data.addColumn('string', 'title1'); data.addColumn('string', 'text1'); data.addRows([[new Date(, ,), , undefined, undefined]]); var chart = new google.visualization.AnnotatedTimeLine(document.getElementById('chart_div')); chart.draw(data, {displayAnnotations:true,allValuesSuffix:' $'}); }
Pips $
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Strategy Name Its_Tea_Time
Date Started 2010-03-01
Number of weeks 4
Max concurrent lots 1
Max drawdown for 1 lot 40 (pips)
Min account amount $ 1400
Max drawdown for full amount 30 % OK
Trading currencies GBP/USD
Pips $
Total +318 pips +$318
Total profitability +22.71 %
Trades 11
Profitable Trades 6
Loss Trades 5
Win ratio 54 %
Maximum account level +480 pips +$1880
Minimum account level +183 pips +$1583
Max loss -162 pips -$162
Max loss (%) 11.50%
since 2010-03-11 to 2010-03-13
 
 
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